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The decline in access to correspondent banking services in emerging markets : trends, impacts, and solutions - lessons learned from eight country case studies (Английский)

To move funds internationally, banks rely on correspondent banking relationships (CBRs), roughly defined as the provision of banking services by one bank (the correspondent) to another bank (the respondent). CBRs are essential to international payments and provide an essential nexus between local economies and jurisdictions and the international financial system. They underpin international trade, remittances, and humanitarian financial flows among...
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